CASE STUDY. INVESTMENT IN PRODUCTIVE REAL FIXED ASSETS: TAX INCENTIVES AND OBSTACLES (Article published in Spanish)

Authors

  • César Omar López Avila Ph.D. en Economía y Administración de Empresas, Universidad de Sevilla, España. Profesor Tiempo Completo, Universidad Icesi, Colombia.
  • Alonso Javier Aguilera Martínez Especialista en Gerencia tributaria, Universidad Icesi, Colombia. Contador Público, Universidad Valle, Colombia.
  • Constanza E. Collazos Gómez Especialista en Gerencia tributaria, Universidad ICESI, Colombia. Contador Público, Universidad San Buenaventura, Colombia.
  • Elizabeth Gómez Gómez Especialista en Gerencia tributaria, Universidad Icesi, Colombia. Contador Público, Universidad San Buenaventura, Colombia.
  • Gloria Liliana Rizo Pizarro Especialista en Gerencia tributaria, Universidad Icesi, Colombia. Contador Público, Universidad Santiago de Cali, Colombia.

DOI:

https://doi.org/10.1016/S0123-5923(09)70067-1

Keywords:

Deductions, Real Productive Fixed Assets, Inversion, Especial Requirement, Income-Tax Return.

Abstract

Entrepreneurial investments oriented to the improvement of processes and cost reductions, on occasion cause difficulties in accounting interpretation regarding tax laws. This case describes the situation faced by Sugar S.A. after using a special tax deduction equivalent of 40% of its investments in order to reduce its income taxes. The Tax Administration rejected this tax deduction and informed the company of a possible sanction. The case stimulates the reader to find a solution that must be carried out by the company’s management to minimize costs and risks.

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References

Carrasquilla, B. A. (2006). Exposición de motivos. Proyecto de Ley por medio del cual se sustituye el Estatuto Tributario de los impuestos administrados por la Dirección de Impuestos y Aduanas Nacionales. Congreso de la República.

Dirección de Impuestos y Aduanas Nacionales de Colombia (2006). Cuadernos de trabajo. Disponible en: www.dian.gov.co/descargas/servicios/OEE-Documentos/Cuadernos/InversionExtranjeraYTributacionEnColombia.pdf

Hsieh, C y Parker, J.A. (2007). Taxes and Growth in Financially Underdeveloped Country: Evidence from the Chilean investment Boom (NBER Working Paper Series, No. 12 104, Marzo). Disponible en: http://www.nber.orgpapers/w12104.pdf

Legis (2007). Régimen de Impuesto de Renta y Complementario. Bogotá, Colombia: Legis.

Ministerio de Hacienda y Crédito Público (2006). Proyecto de Reforma Tributaria. Disponible en: actualicese.com/editorial/recopilaciones/ReformaTributaria/2006/Presentacion21-07-2006/EXPOMOTIVOS-FINAL.pdf

Monsalve, T.R. (2007). Impuestos, Estatuto Tributario. Medellín, Colombia: Imprelibros.

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Published

2009-03-31

Issue

Vol. 25 No. 110 Ene-Mar 2009

Section

Research articles

License

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How to Cite

CASE STUDY. INVESTMENT IN PRODUCTIVE REAL FIXED ASSETS: TAX INCENTIVES AND OBSTACLES (Article published in Spanish). (2009). Estudios Gerenciales, 25(110), 157-168. https://doi.org/10.1016/S0123-5923(09)70067-1
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